New York Occasions Greatest Vendor Named top-of-the-line books of the yr by: NPR, The New York Occasions Ebook Evaluation, Time, Wall Road Journal, Washington Put up The McKinsey Enterprise Ebook of the 12 months The complete inside story of the breathtaking rise and stunning collapse of Theranos, the one-time multibillion-dollar biotech start-up based by Elizabeth Holmes – now the topic of the HBO documentary The Inventor – by the prize-winning journalist who first broke the story and pursued it to the tip. “The story is even crazier than I anticipated, and I discovered myself unable to place it down as soon as I began. This guide has the whole lot: elaborate scams, company intrigue, journal cowl tales, ruined household relationships, and the demise of an organization as soon as valued at practically $10 billion.” (Invoice Gates)In 2014, Theranos founder and CEO Elizabeth Holmes was extensively seen as the feminine Steve Jobs: an excellent Stanford dropout whose start-up “unicorn” promised to revolutionize the medical trade with a machine that will make blood testing considerably sooner and simpler. Backed by buyers reminiscent of Larry Ellison and Tim Draper, Theranos bought shares in a fund-raising spherical that valued the corporate at greater than $9 billion, placing Holmes’ price at an estimated $4.7 billion. There was only one drawback: The know-how didn’t work. A riveting story of the most important company fraud since Enron, a story of ambition and hubris set amid the daring guarantees of Silicon Valley.
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